Birla Group Ventures into Paints with Rs 100 Bn Investment

27 Feb 2024 CW Team

In a strategic move, the Birla Group has announced its foray into the paints business, unveiling plans for a significant investment amounting to Rs 100 billion. This bold expansion diversifies the conglomerate's portfolio, capitalising on opportunities within the vibrant paints industry. The substantial investment reflects the group's commitment to establishing a formidable presence in the competitive paints market.

The entry into the paints sector aligns with Birla Group's overarching growth strategy, leveraging its expertise and resources to tap into new markets and sectors. The substantial financial commitment underscores the group's confidence in the potential of the paints industry and its determination to emerge as a key player in this space.

As the Birla Group enters the paints business, industry observers will keenly watch the unfolding developments, anticipating the impact of this strategic move on the competitive landscape. The substantial investment is poised to fuel expansion, innovation, and market presence, contributing to the evolving narrative of the paints industry in India.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..